Polaris 2014 Annual Report Download - page 9

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$
8 BILLION 12
// GROW NET SALES TO
>
>
13
// INCREASE NET INCOME*
BY 2020
BY 2020
10
CAGR
*FROM CONTINUING OPERATIONS
%
CAGR
%
OF SALES
%
AS OUR BUSINESS EVOLVES, OUR VISION, STRATEGIC OBJECTIVES,
GUIDING PRINCIPLES AND PERFORMANCE PRIORITIES PROVIDE THE
NORTH STAR THAT GUIDES OUR INVESTMENT DECISIONS AND EXECUTION.
VISION & STRATEGY GUIDING
PRINCIPLES
BEST PEOPLE
BEST TEAM
SAFETY & ETHICS
ALWAYS
CUSTOMER
LOYALTY
PERFORMANCE
PRIORITIES
GROWTH
MARGIN EXPANSION
PRODUCT & QUALITY
LEADERSHIP
LEAN ENTERPRISE
VISION
Fuel the passion of riders,
workers and outdoor
enthusiasts around the world
by delivering innovative, high-
quality vehicles, products,
services and experiences that
enrich theirlives.
STRATEGY
Polaris will be a highly profitable, customer-centric, $8 billion
global enterprise by 2020. We will make the best o-road and
on-road vehicles and products for recreation, transportation
and work supporting consumer, commercial and military
applications. Our winning advantage is our innovative culture,
operational speed and flexibility, and passion to make
quality products that deliver value to our customers.
STRATEGIC OBJECTIVES
BEST IN POWERSPORTS PLUS
5-8% annual organic growth
GLOBAL MARKET LEADERSHIP
>33% of Polaris revenue
STRONG FINANCIAL PERFORMANCE
Sustainable, profitable growth
Net Income Margin >10%
GROWTH THROUGH ADJACENCIES
>$2 Billion from acquisitions & new markets
LEAN ENTERPRISE IS COMPETITIVE ADVANTAGE
Significant quality, delivery & cost improvement